10360 Medlock Bridge Rd - Storefront Retail/Office FOR SALE


Duluth, GA 30097
$5,999,000 USD
770-874-9210
10360 Medlock Bridge Rd, Duluth, GA for Sale
$5,999,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | 6.63% Cap Rate

10360 Medlock Bridge Rd
Duluth, GA 30097


HIGHLIGHTS

  • 100% Fully Leased with NOI over $375,000
  • Prime location in affluent, wealthy metro-Atlanta suburban market
  • Investment opportunity with lower-than-market rents, allowing Purchaser to maximize cash flow

OVERVIEW

Medlock Village Shopping Center is 100% leased site offering appreciable cash flow and value-add opportunity with below market rents in place for the current tenants. There is strong population growth in the affluent neighborhood of John's Creek, where the average household income is over $160,000. The property is strategically positioned along Medlock Bridge Road ensuring high visibility, as this corridor sees over 44,000 VPD. The center boasts ample parking for maximum convenience allowing for a superb retail experience in a highly desirable location. The parking lot was recently repaved and restriped. This site offers substantial upside potential for investors looking to maximize cash flow.

FOR SALE DETAILS

PRICE

$5,999,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

6.63%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medlock Village

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C1

APN/PARCEL ID

11-0920-0325-026-7

ASK ABOUT THIS PROPERTY

Emily HardigreeThe Good GroupMore Info
770-874-9210

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Emily HardigreeThe Good GroupMore Info
770-874-9210

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.